Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the fall of Exxon Mobil as Exxon gets kicked off the DOW Jones Industrial Average after 92 years, replaced by Salesforce.
Exxon was the biggest company in the world only about 7 years ago, now it's being booted off the Dow. Tim explains why on earth this would happen and digs into the idea of stock splitting.
While Exxon's stock didn't crater after being removed from the DOW, there is a clear move away from major oil companies into the tech and electronic car companies like Apple, Tesla, Nikola, Rivian and others.
In this video, we explain what this means for all of our futures and innovation down the line. This is just a symptom of a much bigger issue!